Category Archives: Economy

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND  

A regular collection of links to writings and broadcasts in other media

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KATE FINLAYSON and TIM BUCKLEY. Queensland government about to make poor economic decision on Adani mine.

Following the Labor party’s defeat in May’s general election, the Queensland Labor government seems keen to approve the development of the Adani thermal coal mine as quickly as possible. However, a report released this week by the Institute for Energy … Continue reading

Posted in Economy, Environment and climate, Politics | 6 Comments

SANDI KEANE. The bank cat is out of the bag.

The cat is out of the bag. Bank shares have shot up since the surprise election result as new investors pile onto the great franking credits bandwagon.

Posted in Economy, Politics | 1 Comment

JOHN MENADUE. Spare us the details!

In the last election campaign I agreed with almost all of the ALP program, but clearly not enough of the public did. There was just too much to explain and communicate. The ALP did not succeed in telling it’s story … Continue reading

Posted in Economy, Politics | 14 Comments

TRACEY WEST. 3 lessons from behavioural economics Bill Shorten’s Labor Party forgot about (The Conversation)

The Australian Labor Party’s 2019 election campaign showed a depth and breadth of economic policies rare for an opposition party to present. Its policy agenda was boldly extensive. But in developing these policies over the past five years, it seems … Continue reading

Posted in Economy, Politics | 2 Comments

IAN McAULEY.  No wonder the real-estate agents went against Labor

A glance at movements in share prices since the election shows who expects to do well out of the Coalition’s win. (Spoiler –  it’s the finance sector.)

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JULIAN CRIBB. On the Need for an Earth Standard Currency.

In an age of existential emergency, when the future of human civilization depends on how successfully we manage to solve the ten global threats which are of our own making and which now confront us all, it is important for … Continue reading

Posted in Economy, International Affairs | 4 Comments

ROSS GITTINS. Morrison’s miracle election may turn out to be the easy bit. (SMH 19.5.2019)

The great risk from Scott Morrison’s miraculous victory is that it will lead politicians on both sides to draw conclusions that worsen our politics and our policies. Bill Shorten offered us a chance to change the government and change the … Continue reading

Posted in Economy, Politics | 2 Comments

MICHAEL KEATING. The Morrison Government’s Economic Policy

The Morrison Government has been returned – and it is the Morrison Government – which has been returned without the semblance of an economic policy. And this lack of a credible economic policy did not stop Morrison winning an election … Continue reading

Posted in Economy, Politics | 3 Comments

MICHAEL MAZENGARB. Global fossil fuel subsidies reach $5.2 trillion, and $29 billion in Australia (Renew Economy)

New analysis commissioned by the International Monetary Fund has shown that global fossil fuel subsidies continue to grow, despite the growing urgency of the need to decarbonise the global economy.

Posted in Economy, Environment and climate | 1 Comment

MICHAEL KEATING. This election offers a very real choice. Part 2

In a previous article (posted yesterday) I compared the Coalition and Labor fiscal plans. The credibility of these plans, as well as their value, depends significantly on whether the underlying economic parameters upon which the plans are based are sound, … Continue reading

Posted in Economy, Politics | 2 Comments

MARK CROSYBY. Trick question: who’s the better economic manager? (The Conversation)

In 1995 I co-authored a paper with Diane Brown and Louise Malady which examined economic outcomes under Labor and Liberal governments in Australia to that time.

Posted in Economy, Politics | 1 Comment

MICHAEL KEATING. This election offers a very real choice. Part I

The two major issues in this election are climate change and the economy and cost of living pressures. In both cases the two major parties are offering very different strategies. In these two articles I will focus on the economic … Continue reading

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MICHAEL PASCOE. Hey PM, you’re either lying or ignorant about the RBA’s forecasts. (New Daily, 12.5.2019)

Prime Minister Scott Morrison is either desperately lying or ignorant about the Reserve Bank seriously downgrading Australia’s economic outlook – a downgrade that could easily wipe out the government’s “back in black” surplus claim.  

Posted in Economy, Politics | Comments Off on MICHAEL PASCOE. Hey PM, you’re either lying or ignorant about the RBA’s forecasts. (New Daily, 12.5.2019)

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

A regular collection of links to writings and broadcasts in other media

Posted in Economy | 2 Comments

ELIZABETH SAVAGE. It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor. (The Conversation 8.5.2019)

Labor’s proposal to end cash refunds of unused dividend imputation credits is highly targeted. 

Posted in Economy, Politics | Comments Off on ELIZABETH SAVAGE. It’s hard to find out who Labor’s dividend imputation policy will hit, but it is possible, and it isn’t the poor. (The Conversation 8.5.2019)

CHRIS MILLS. Powering electric vehicles with ‘‘Swap-n-go” power packs

In Australia, a minuscule 0.3% of vehicles have electric propulsion, notwithstanding that those acknowledging the reality of anthropometric Global Warming recognise that transportation is the largest emitter of greenhouse gases.  Possible reasons for resistance to electric vehicle purchase include high … Continue reading

Posted in Economy, Environment and climate | 3 Comments

MARTIN WOLF. The politics of hope against that of fear (Financial Times 1.5.2019)

Charismatic politicians entice disillusioned people into giving them support. Some of those politicians are would-be despots. Others are scoundrels. Yet their siren songs are enticing. 

Posted in Economy, Politics | Comments Off on MARTIN WOLF. The politics of hope against that of fear (Financial Times 1.5.2019)

SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

A regular collection of links to writings and broadcasts in other media

Posted in Economy | Comments Off on SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND 

IOLA MATTHEWS. Bridging the gender pay gap, one case at a time (Sydney Morning Herald 26 April 2019)

The path to more equal pay for women is one issue that could be significantly affected by the result of the forthcoming federal election.

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SATURDAY’s GOOD READING AND LISTENING FOR THE WEEKEND

A regular collection of links to writings and broadcasts in other media

Posted in Economy | 2 Comments

JOCELYN PIXLEY. The Coalition’s Terms on Hayne’s Commission

When Morrison says, ‘Labor cannot manage money’, he must deny banks’ large-scale 2007-2011 crises – GFC – an outcome of Liberals’ mismanagement of money. Incoming Labor reversed looming depression in a brilliant world-first. The myth, john-menadue-the-myth-that-the-liberals-are-better-economic-managers/ P&I, relies on crucial cover–ups. Some are … Continue reading

Posted in Economy | 2 Comments

JOHN MENADUE. Jobs at Adani or on the Great Barrier Reef.

There are very strong grounds for Australia to phase out the mining of steaming coal as soon as possible and certainly not to promote new coal projects such as Adani. Our planet is increasingly at risk.  Protecting the Great Barrier … Continue reading

Posted in Economy, Environment and climate | 4 Comments

IAN McAULEY.  Don’t be distracted by the Coalition’s promise of a budget surplus

A government’s budget surplus or deficit is meaningless unless it’s carefully interpreted and is seen as only one of many indicators of a government’s economic competence. There’s nothing intrinsically good about a budget surplus.

Posted in Economy | 1 Comment

GREG JERICHO. The Coalition boasts about economic management. Where’s the evidence? (The Guardian 16.4.2019)

This is the only government since Fraser’s that hasn’t presided over an improved standard of living. 

Posted in Economy, Politics | 1 Comment

IAN McAULEY. Surely Morrison isn’t seriously asking us to trust him

Morrison’s words are a plea to trust his government, but his tactics seem to be aimed at spreading mistrust, not only of Labor but also of democratic institutions more generally. 

Posted in Economy, Politics | 4 Comments

SAM BYFORD. Huawei chairman accuses American critics of hypocrisy over NSA hacks (The Verge 27.2.2019)

Huawei’s rotating chairman Guo Ping has gone on the offensive this week at Mobile World Congress, following continued pressure on US allies to drop the Chinese telecoms giant over national security fears. 

Posted in Economy, Media, Politics | 1 Comment

SUSAN RYAN. Older women are budget losers.

The 2019 budget contains little to improve the circumstances of the poorest older women. Increases of 10,000 previously announced home care places are provided for.  An extra 13,500 residential places were provided.  A new $8.4 million is allocated to mandatory … Continue reading

Posted in Economy | 2 Comments

GEOFF HARCOURT. Sluggish Wages Growth

Recent comments on sluggish wages growth in Australia trace their origins back to the Accord introduced in the early 1980s. It is also argued that the Accord was a precursor to the introduction of the neo-liberal era in Australia. I … Continue reading

Posted in Economy | 2 Comments

JOHN MENADUE The myth that the Liberals are better economic managers?

 Scott Morrison in today’s announcement of the election date said once again that ‘Labor cannot manage money’ In an earlier post I argued that the economy is a means to an end. It is not an end in itself. The … Continue reading

Posted in Economy, Politics | 8 Comments